Nov 5, 2024 | Personal Financial Planning, Tax News
The Secure 2.0 Act allows for features in employer retirement plans to encourage their use. The changes are designed to encourage employees to contribute to 401(k) or 403(b) plans, allowing you to offer small financial incentives to employees. If employers use a...
Oct 31, 2024 | Business Planning
It’s long been a policy that employees are exempt from the Fair Labor Standards Act’s minimum wage and overtime protections if they are employed in a bona fide executive, administrative or professional capacity. To fall within this EAP exemption, an...
Oct 30, 2024 | Business Planning, Closely Held Business, Featured News and Events
As of January 1, 2024, a significant number of businesses were required to comply with the Corporate Transparency Act (CTA). The CTA was enacted into law as part of the National Defense Act for Fiscal Year 2021. The CTA requires the disclosure of the beneficial...
Oct 23, 2024 | MCB Happenings, Private Equity-SBICs and Venture Capital
MCB is a proud sponsor of SBIA’s 2024 National Summit for Middle Market Funds. The National Summit, being held October 27-29 in Palm Beach, FL, offers the lower middle market a unique environment to connect with fund managers, limited partners, investment...
Oct 17, 2024 | Business Planning, Closely Held Business
Whether you could barely wait for artificial intelligence (AI) to become mainstream or you are someone who dreaded that day ever since the inception of AI, the fact of the matter is that AI is here to stay. The technology is readily available to anyone who wishes to...
